Alitalia spins off AZ Services

Alitalia last week announced that as of May 1, Alitalia Servizi SpA is operating as an independent company. It said it has 100% control of the new company at present but noted that it is in "an advanced phase of negotiations" with government holding firm Fintecna to buy a stake. Alitalia Servizi holds 100% of Alitalia Airport, 100% of Atitech, 60% of Alitalia Maintenance Systems and 49% of Ales. The airline said in a statement that the company will be active in four areas: Light, heavy ...